Category: Investor

At the auction that was scheduled by the Federal Government in August, Felipe Montoro Jens reported that the majority of the government projects that have to be assigned to the private sector would be given in the second half of 2018. At this point, there are a total of 57 projects in line that involves a total investment of approximately R $44 Billion. These projects are assigned to 22 listed sectors by the Program of Partnerships and Investments.

An instance of these projects includes Congonhas airport auction in São Paulo and Galeão at Rio de Janeiro). Felipe Montoro Jens reported that at this point, the public company has 49% interest in the association that has concessions granted at these airport terminals. The Ministry of Transport stated that the bidding commences during the last three months of the current tenure of the Michel Temer Government.

Felipe Montoro Jens, a well-known specialist in the field of infrastructure projects, further elaborated, BR-153 which was the cause of the revoking of the previous concession of the Galvão Group. The BR-153 is also on the current list of grants offered by the government. Felipe Montoro Jens also stated that another auction would be scheduled for the last few months of 2018. During this auction another highway will be granted to the private sector, this would be known as the BR-364 which is a stretch of approximately 800 kilometers in length that falls in the area between Comodoro and Porto Velho. The auctions for a few port terminal concessions of Vila do Conde , Belém, Paranaguá along with Vitória will stay untouched.

According to Felipe Montoro Jens, specific companies such as Mint, Ceasaminas, Casemg might also be expected to sell, and the privatization of these firms that are owned by the state are scheduled for the same time in 2018. Moreira Franco, the General Of The Presidency, elaborated on the matter by stating that the sale of the Mint will help in the funding of creating passports in the country and this is due to the advancement of technology that the nation has noticed recently.

George Soros is, perhaps, one of the most well-known progressives in the entire world. Soros came into the public spotlight after earning a fortune as an investor playing financial markets, most famously shorting the British pound in the early ’90s. Since then, Soros has been not only successful as an investor but also as a philanthropist and a cultural hero for progressives everywhere. Born in Hungary, Soros’ long and interesting life led him to confront Nazis face-to-face before fleeing to London and eventually winding up in the United States. Now, Soros is making headlines once again but this time for making one of the most generous philanthropic donations of all time. Recent financial disclosure reports showed that George Soros has donated over $18 billion of his own personal fortune to charity over the last 20 or so months. Despite this massive and historic donation, he is still getting lambasted by members of the right-wing media. Let’s dig into why Soros is being so hated upon by conservative media as well as see just why he made such a massive donation, to begin with.

George Soros created the Open Society Foundations in the ’70s as an outlet for his own charitable giving. The Open Society Foundations, often shortened to the acronym OSF, was based on the Open Society principles espoused by writer Karl Popper. Soros learned much from Karl Popper’s passages while working two jobs in order to get through his education at the London School of Economics. Soros would hold these lessons dear and they would inform pretty much every decision he has made in the intervening years. The goal of the OSF has always been to put money into the hands of grassroots foundations that are willing to fight for progressive causes: transparent governance, freedom of expression, social justice, and equality. Since the OSF was established, the foundation has given nearly $18 billion to foundations around the planet. The recent influx of money will only help to establish the OSF for the foreseeable future.

We’ve established that the Open Society Foundations is a worthy cause, but we still haven’t figured out why it is being remarked as some sort of ‘progressive Death Star’ by the hyperbolic right wing media giants. The truth is, there has been an elaborate mission over the years to demonize philanthropy when done on behalf of progressive individuals. Right-wing media giants, such as the Murdoch empire which possesses Fox News among other outlets, have continually lobbied George Soros as some sort of evil progressive mastermind. Soros has been blamed for everything that the right has found uncomfortable: the Black Lives Matters protests, the anthem kneeling, and even the work of AntiFa. Of course, there is less than zero evidence that Soros has ever been involved in the machinations of anything like this, but he still gets reviled for it.

The goal of discredited George Soros is simple and the reasons are abundant. George Soros is not the typical progressive, he is a billionaire and he is willing to fight for what he believes in. As a result, Soros is a direct threat to conservative regime. With Soros’ recent donation, no amount of baseless demonization will stick.